The Premium Tax Credit (PTC) is a crucial tool for making health insurance more affordable for eligible individuals and ...

A is for Advance Payment Of The Premium Tax Credit (APTC). As part of the Affordable Care Act (better known as "Obamacare"), taxpayers who enroll (or have a family member who enrolls) for health ...

The Premium Tax Credit helps eligible individuals and families lower their Marketplace health insurance costs. Learn how to qualify, apply, and how recent changes may affect your savings.

For the 2014 tax year only, taxpayers who owe an amount they cannot pay, attributable to the reconciliation of the premium tax credit, or an underpayment penalty qualify for automatic relief (1) if ...

If you're a DIY tax filer, you'll need to report your advance child tax credit payments on Schedule 8812, which will help you calculate the remaining credit that will be applied to your 2021 tax ...

If you make more than the income requirements, you may still get advance child tax credit payments, but less than the maximum amount. The IRS subtracted $50 from each advance check for every ...

It’s already too late to opt out of the first payment of the Advance Child Tax Credit (CTC). Taxpayers still wishing to unenroll need to do so at least three days before the first Thursday of ...

Since taxpayers’ advance payments are based on their projected household income, they must reconcile the difference between the advance payments received and the credit they are eligible for based on ...

As of now, the advance payments of the child tax credit are scheduled to go only through the end of 2021. "Obviously Congress could choose to extend (or) change whatever they do for 2022," Jamison ...

Few eligible individuals apply for the Advance Premium Tax Credit due to knowledge barriers. ... Form 8962, to “reconcile” the advance payment of the premium subsidies they received.

Generally, if at the end of the year you've taken a larger premium tax credit in advance than you're due based on your final income, you'll have to pay back the excess when you file your federal ...